Sloppy Reporting from The NY Times on Carried Interest Debate
I swore I would go offline for much of Memorial Day Weekend. But I cheated and peeked at my email late Saturday afternoon and discovered an email from a friend saying, "I'm surprised to see you take such a public stance on the capital gains tax rates," with a link to a New York Times article on the topic. I read the article in The New York Times on the carried interest debate and was shocked to see my name and a reference to me that read: "As the Senate Democrats sent signs that they were open to a tax increase, investors and their lobbyists mobilized quickly, warning that the proposal could stifle investments that create jobs. A group of 80 venture capitalists traveled to Boston to urge Senator John Kerry and Representative Barney Frank, Democrats of Massachusetts, to exclude their business from the tax change, according to Jeffrey Bussgang, a partner at the Boston venture capital firm Flybridge Capital Partners." Um...here's the problem. I never spoke to the reporter, David Kocieniewski, who wrote the article (although I later found a voice mail from him). Other than the fact that my name and firm name are accurate, nothing else in that sentence is correct.
